General Discussion

former9thward

(31,974 posts)

27. Just the opposite occurred.

Wed May 18, 2022, 04:15 PM

May 2022

U.S. Retail Sales Grew 0.9% in April
Retail spending rose for the fourth straight month as inflation remained high

Americans continued to pump money into the U.S. economy in April, with increased retail spending offering the latest sign consumers are driving demand at stores and manufacturers despite the pinch from high inflation.

Retail sales—a measure of spending at stores, online and in restaurants—rose a seasonally adjusted 0.9% last month compared with March, the Commerce Department said Tuesday. That marked the fourth straight month of higher retail spending.

https://www.wsj.com/articles/us-economy-retail-sales-april-2022-11652734620

Edit history

Please sign in to view edit histories.

60 replies

= new reply since forum marked as read

Highlight:

Don't look at your 401K... DOW down 1100+ AGAIN. [View all] WarGamer May 2022 OP

Jesus. Joinfortmill May 2022 #1

I'm sick of these Predatory Capitalists! Emile May 2022 #2

It's fairly clear that the economy is in biiiig trouble. WarGamer May 2022 #4

Agreed Thtwudbeme May 2022 #5

This message was self-deleted by its author USALiberal May 2022 #3

OMGAWD....... a kennedy May 2022 #6

I have been trying really hard to avoid anything regarding the markets recently nevergiveup May 2022 #7

If you have time on your side... you'll make it all back and then some. WarGamer May 2022 #8

And if you don't, it doesn't matter. mobeau69 May 2022 #9

At least we all have SS that pays a livable benefit... WarGamer May 2022 #10

It was never intended to pay a livable benefit by itself. Maybe it should but it doesn't. totodeinhere May 2022 #14

My "pet" policy issue is SS benefits. WarGamer May 2022 #16

DOW Under 30K? MineralMan May 2022 #11

lol... WarGamer May 2022 #12

Seriously??? Or is WarGamer right to chuckle??? nt LAS14 May 2022 #48

You must have missed the rofl smilie. MineralMan May 2022 #56

I did, I did. I'm not a visual person. nt LAS14 May 2022 #57

I have lost a lot of money. My portfolio has not been doing well lately. totodeinhere May 2022 #13

In my case, it's a 403B, but I don't look at it. GoCubsGo May 2022 #15

Yeah, long term you're good. WarGamer May 2022 #17

Two months ago, I had a huge amount of paper profits DFW May 2022 #18

You buy more shares of each fund when prices are low. beaglelover May 2022 #19

Only those less than ten years away from retirement should worry. dawg May 2022 #20

This is me. AngryOldDem May 2022 #23

Four years for us forthemiddle May 2022 #31

I retired June 2021 Chuuku Davis May 2022 #29

There are no easy answers for those who are already retired. dawg May 2022 #37

It has a long way to fall, Shiller P/E is still at 30 Amishman May 2022 #21

-1,213 with about 7 minutes to close. AngryOldDem May 2022 #22

This is due to retail numbers coming in bad for Walmart and Target. honest.abe May 2022 #24

Just the opposite occurred. former9thward May 2022 #27

But with 8.5% inflation, Chuuku Davis May 2022 #30

No, inflation is measured year over year. former9thward May 2022 #33

That seems inconsistent with this.. honest.abe May 2022 #32

No, its not. former9thward May 2022 #34

The article said their profits were down due to.. honest.abe May 2022 #38

Not total sales which the government measures and reports. former9thward May 2022 #41

Where have I heard this before? dpibel May 2022 #25

Dump doesn't have to worry about that BannonsLiver May 2022 #40

It's just a current news story being shared amongst (mostly) like minded folks... WarGamer May 2022 #50

You can close your eyes or turn off the Nightly News if it upsets you. WarGamer May 2022 #46

One error in your post. former9thward May 2022 #26

Just for you, I'll edit... WarGamer May 2022 #45

Things we get better Noahv May 2022 #28

I have been in money market funds. roamer65 May 2022 #35

+1 GoodRaisin May 2022 #36

Message auto-removed Name removed May 2022 #39

Anyone with an IQ over 60 knows that a POTUS has little control over such things... WarGamer May 2022 #44

when interest rates rise, stocks go down. and major retailers are hurting from supply chain issues Demovictory9 May 2022 #42

There's obviously MORE to it than that. WarGamer May 2022 #43

For those not ready to retire, remember: buy low, sell high. nattyice May 2022 #47

But be careful right now... not near a bottom, yet. WarGamer May 2022 #49

Most of the stock market's rise was from QE "hot money". roamer65 May 2022 #51

Yup... 20/21 were ones for the record books re: trading... WarGamer May 2022 #52

Inflation won't be tamed anytime soon. roamer65 May 2022 #53

Agreed. There is NO BETTER TIME to have Democrats in control of the Fed Gov't WarGamer May 2022 #54

What next Tickle May 2022 #55

OTOH great day if your plan is buying SPY tomorrow Recursion May 2022 #58

We don't appear to be at a bottom... I'd wait. WarGamer May 2022 #59

Ah, that's the difference; I don't trade Recursion May 2022 #60